Regional lender, KCB Group has been named Kenya’s 2017 Bank of the Year. The financial services firm received the accolade at the 18th Banker Awards held in London on Thursday this week.
KCB Group, which happens to be East Africa’s biggest bank, was honored for its sustainable growth and efforts in ensuring financial inclusion.
The Banker Awards are aimed at recognizing the top banks across the globe based on their all year round financial performance, their multi-channel banking strategies and efforts in driving financial inclusion.
The awards are organized by The Banker, a UK based economic and financial intelligence publication.
“As a Bank, we are delighted to be recognized for the work that we are doing in pushing for the sustainability agenda and financial inclusion,” KCB Group CEO and MD Joshua Oigara commented.
“This award is not only an affirmation that we are on the right path but it also poses a challenge for us to keep doing more not just in Kenya but across the East African region,” he said.
The Bank also won an award from the Finacial Times Award for being the Best Bank in Kenya as well as another award from the Public Relations Society of Kenya during an event held last month for the Best Corporate Publication of the year.
“These awards are a recognition of our commitment to delivering excellence to our customers. We will continue to innovate and build a trusted and financially strong bank which will remain at the forefront to find new ways to secure the financial future of our customers in this fast changing world,” said Mr. Oigara.
Oigara has been at the helm of KCB Group since 2013. The lender now boasts an asset base of Ksh643.8 billion ($6.25 billion).
This year, KCB Group posted a pre-tax profit of Ksh22.4 billion ($220 million) in the third quarter ending September 30th, 2017 a growth of 3.1% against the same period last year.